AND ANOTHER VERMA DOUBLE-ESCROW TO LUCID

Not the first, and certainly not the last time that Lucid is clawing up every acre it can get its hands on around its existing campus May 17, 2022 40ac First sale (Wells to Verma):  $6,533,999 or $3.75/sf Second sale (Verma to Lucid):  $7,500,000 or $4.30/sf Gross (instantaneous) profit to Verma:  $966,001 Lucid continues its site expansion-driven land […]

IT’S CALLED A DOUBLE ESCROW, and DOUG KEELING …

… leaves a cool Million on the table.  Doug had it sold to the Verma bunch when Broker Kirk McCarville approached them about selling the parcel to Lucid, which Verma did for a cool, quick mil. May 2, 2022 80ac First sale $8,820,000 or $2.53/sf Second sale (to Lucid) $9,9800,000 or $2.81/sf Watch for more eye-popping wallet-busting […]

BUT WAIT, THERE’S MORE …

BUT WAIT, THERE’S MORE … What the nice, shiny article DIDN’T say was that these sharp promoters went to the trouble to add $1,258,652 to the price they paid before selling it to their own investment entity – marking it up to their own investors.  Kinda a no-lose situation … So their own investors are now in […]